MykolaCapt

MykolaCapt

On weekly chart existing divergence and according to Elliot waves we can estimate that correction time is coming

MykolaCapt

If BTC will manage to bounce from area of 44K-45K and back to 65K than we will see huge cup & handle formation with potential to 100K

MykolaCapt Updated 

ETH should find good support at Fib 0.382 or 0.5 levels of present impulse wave, where it can get a good momentum to move up to Cup & Handle Level. Next stop can be around 6200 USD, Fib retracements also indicates this level. After yesterday liquidation funding rate looks better and RSI clear from oversold area.

MykolaCapt

Yesterday liquidations is a sign of next next movement up. This correction looks similar to previous one in this cycle but in smaller scale.

MykolaCapt

COMP almost completed formation of bull flag and reversed H&S. Next targets is 420.

MykolaCapt

AVAX retesting now reversed H&S neckline and forming bull flag. Expecting bounce to 90$ level if BTC will not dump to 59-58K

MykolaCapt

BTC consolidate inside triangle and we can expect break of it very soon.

MykolaCapt

MATIC completed bull flag formation. Possible break out and continuation of movement to new ATH

MykolaCapt

Bull flag almost completed and EW5 is waiting to bring dog to the next ATH

MykolaCapt

ZEC formed bull flag and bounced from 0.618 Fib. Target 217

MykolaCapt

If BTC will hold support at 57 - 58K$ than we will see continuation of EW wave 3.

MykolaCapt Updated 

ETH almost reach 0.618 Fib level and 200 MA suppot line. It should be strong support area. If ETH will bounce from here and with further break of 3200 resistance zone it will move to 4300 forming huge cup & handle for new ATH

MykolaCapt

Hope after Yesterday market fall ETH will complete it's correction soon and will be ready for next move up. If BTC will fall more down we can see ETH at 2600 area.

MykolaCapt

ETH holding present support area at FIb 0.382. Expecting movemnet to 4300 area

MykolaCapt Updated 

As per my EW estimation wave 5 should come to 54K. Many of us expected pump of price after break of 0.618 Fib resistance, but we can see slow motion movement instead and that suspecious. Also I see end of big 5 wave structure and it can create correction down to 42K. It's my pesimist scenario. Honestly I expecting new ATH this year.

MykolaCapt

As I estimate next Wave should touch previous ATH . What is your opinion will it bounce or break it ?

MykolaCapt

If BTC will break resistance of 51K BNB also will move to 580 or more.

MykolaCapt

Hope next wave will be a break out of resistance level and than long way up